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Forex Majors Reach Key Fibonacci Levels

Discussion in 'Technical Analysis' started by Kaitlin, Feb 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD has reached the 100% Fibonacci target of wave C vs. A (green). If price corrects with a shallow retracement and shows a contracting formation, then the wave count will most likely change to a 12345 instead of the current ABC.[​IMG]

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